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20110715
20110715
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
today, it's about politics, too. at issue, whether big spending cuts should be locked in before the government is allowed to borrow more money to pay it bills. president obama held his second news conference in a week tells you the biggest headline. there is no deal. so the politicians from the president on down are trying to prove they're the one most looking out for you. >> it would be very helpful for us to be able to say to the american people our fiscal house is in order. >> the president wassed a today month that it's impossible to get a deal unless and until the republicans agree to raise some taxes. in turn, republicans say that before he spends anymore time lecturing them, she stop giving press conferences and put his proposals down on paper. but in the hunt for specifics, it is crystal clear the president is not ready to take the lead. >> if they show me a serious plan, i'm ready to move. even if it requires some tough decisions on my part. >> a lot of questions tonight about where this is heading and how it will impact you. the president's initial deadline, tonight, w
casey anthony, big day. she's getting out of jail on sunday. will you be doing some commentary this weekend? or are you taking this weekend off? >> i may very well, but certainly i'll be talking about it on monday morning. >> have a good weekend, whatever you might end up doing. good to see you as always. thank you so much for being here with me in the cnn news room. i of course will be with you tomorrow and sunday. >>> the president said he's willing to think small if he has to in order to break the stalemate over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went bef
. the scandal now spanning across the atlantic and claiming its first big victim on this "american morning." >>> and good morning. welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. >> susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. >> the question is, does this mean that the walls are crumbling at news corp. it's too early to say, bulls this is a crack in the wa
into a big thing. the president is saying, you must have a deal within 24 to 36 hours. mr. president, what is your deal? will you pro offer a deal. write it up, put it on a couple pieces of paper and offer it. instead he's saying, cave. give me all the taxes i want. and give me as little restraint on spending as i want. and don't ever count on me to offer a plan. >> sean: some good news today. i was not that happy with senator mccon fell's proposal. but, today -- today he came out as a co-sponsor in the senate of cut, cap and balance. my take is, strategically this is a bit of a chess game many you are great at strategy. why not the house republicans pass, cut, cap and balance send it to the senate, let's see was? >> we gotta have movement. mcconnell is a crafty inside operator. his first offer is never his final offer. i was looking at not what he was suggesting specifically, but the direction. the direction of it was to change the dynamic. mr. president, where is your plan? his proposal required the president to offer a plan. second, it acknowledged we needed to get this thing done. it c
statements in that meeting, because we don't know what the details were of his proposal and the so-called big deal, my insistence was consistent with our speaker's, that we not raise taxes. and that's why that construct doesn't work. we don't have the votes on this side of the aisle. i'm not supportive of raising taxes on people who are trying to make it right now and can't. so i would say to the gentleman when he refers to the other groups that have been out there, all of whom he say suggest that somehow we need to raise taxes, what the gentleman's talking about is how are we going to produce more revenues? we believe, mr. speaker, that you produce more revenues by having growth in our economy. we don't believe that you promote growth in the economy by cranking up the government spending machine by taking money from people who eastern it, washing it through washington's bureaucracy, and sending it back out. we don't believe that. we believe that growth is created through investment, through hard work in the private sector. by entrepreneurs, small business men and women, people who want to su
call, while we're waiting, is from big sandy, texas. scott is a republican. good morning. caller: yes, susan, if i were a republican and in the negotiations, i would continue to bring up the immorality that the democrats are willing to -- and the fact that they're willing to steal the liberty of future generations with this humongous debt. they need to hold their feet to the fire, and in the end, obama and the democrats will have to come around. there's no doubt about it. we've got the upper hand. even though you've got the press on the president's side, and i want all these democrats that have called in here supporting obama this morning, just ask yourself, are you honestly better off? has his policies actually helped this country? or is it sending this country to oblivion? none of his policies, none of his stimulus, none of it has worked. not one single bit of it. we're worse off now than when he took office, and we're continuing to go downhill. it's time this iron-headed fool relent and let the adults take over. host: thanks for your call. scott from big sandy, texas. here is speak
brings another startling turn in this story. todas big turn was the dpe sigs by rupert and james murdoch james being his son and head of his british operations, to do 180-degree turn raer late in the day and having told the parliamentary committee that's going to hold a hearing on tuesday that they would not attend james murdoch saying ther loosely "i can't make it that day, i'll make it some other day. they then... summons were issued by the parliamentary committee which had fairly serious implications and they changed their minds. so we now know that come tuesday we will have the three principal executives that are in the frame on all of which, which is rurplt himself, his son, and rebek brooks who is the chief executive as you know of the murdoch subsidiary here in london being called to testify before parliament. catherine, where do you think the next term is in this story? >> well, john said it'saken a different turner. it's taking so many differen turns everyday that that's a really difficult questio i think that it is likely for the moment to stay focused on news international bec
. is that realistic at this point. >> well, in terms of getting that big agreement, it looks highly unlikely at this point, but certainly as you pointed out, the president joking that his campaign was built on hope and change. it will be interesting to see if that hope will also win out in this debate. but, look, what the president is pushing for still is the biggest deal possible. he acknowledged, though, that it's hard to do that, but nonetheless, he has been telling congressional lawmakers during negotiations all this week that if they can't get the biggest deal possible to attack the problem of the debt and the deficit over the long term, then they should still be ambitious. >> we are obviously running out of time, and so what i have said to the members of congress is that, you need over the next 24 to 36 hours to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about and show me a plan in terms of what you're doing for deficit and debt reduction. if they show me a serious plan, i am ready to move. even if it requires some
to have a big, serious debate about what we believe is the right way to guide america forward and when the future --win the future. i am confident i and i am confident that we will win the debate because we have the better approach. but in the meantime, for everyone's a while we can sit down and do something that actually helps the american people right now. >> you consider raising the debt ceiling fairly routine, but at this point is economic, garden. how can you get any agreement with congress? >> -- it is economic armageddon. how can you get any agreements with congress? >> i will keep working hard on it and i hope that this debate has focused the american people's attention a bit more and will subject congress to scrutiny. i think increasingly, the american people will say to themselves, you know what, if a party or politician is constantly taking the position constantly taking the position of, "my way or the highway ," constantly been locked into ideologically rigid positions, then we will remember that at the polls. it is cumulative. the american people are not paying attention t
guns on something he's done his entire presidency, which is when there's a big bill that needs to get through congress, whether health care, whether the stimulus or whether this, he lets congress handle the details. he doesn't present his own legislation. he doesn't say here's my plan. let's amend from this. it's instead, trying to let's grab a piece here, let's grab a piece there. let congress do all the talking. we'll see. it is one of those debates that takes place among folks that observe this president from the outside wondering why does he keep doing it this way. who will win the battle long term? john boehner and harry reid teed up that fight yesterday. >> two groups of people from two different planets who barely understand the language of the other one. they're two remarkably different visions for what the appropriate role of the government should be in our society. how our country operates. it's stark and it would shock most americans. >> any time around here with the new tea party philosophy, they seem to think they have an all-knowing wisdom about the constitution. in shor
they did it come after they lived up to their end of the bargain. you know, these big oil companies, insurance companies, pharmaceuticals, defense spending, wall street banks, they are getting great big everything else, and i don't see the job creation. you know, unemployment is obviously out of control now even from what the reporting, it's not to mention the fact that, you know, they are only counting the people that are actively seeking employment and not the people that have given up all hope. it's like the voters in this country don't even seem to count any more. if you had cathy mcmorris rogers mention reform in the way we spend money on, you know, to paraphrase. we need reform and the election campaigns. you know, where are these candidates getting their money? and how much do they get? because those are the people that seem to be represented. it's like the voters aren't represented any more. >> thanks for the views. one more call police and from washington on the democrats' line. >> caller: hi, how're you doing. i am calling about the fact that under this present plan that t
supervision who will be in the tanks, the 111 largest financial and petitions in the country, very big financial institutions, checking to see if they are complying with current laws. this is about expanding the law. this is taking the 19 statutes out there that are currently seven different agencies, bring it to one place. we will have people who will be in those things, looking at books, looking at records, determining whether or not -- >> you also auctioning by reference the current complacent? >> yes, sir. >> when you're in the banks, what are the statutory obligations with respect to their compliance with u.n. are you any resistant? >> congressman, were not there yet. we will go to the first time next thursday is the first day that we'll statutorily up great to show up at the bank. now i do want to overpromise. we can't go to every bank on the first day, but we are putting in place our plan for how to get out there. >> so walk me through that. you knock on the door of the bank president, call ahead of time, send a letter, what do you do? >> we send the letter. we had to do serious
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
Search Results 0 to 21 of about 22 (some duplicates have been removed)